But where else you would find new house 850 sqft, near MRT with RM198k price tag? Sure ppl would exploit
This post has been edited by kopikaukau: Dec 10 2019, 05:44 PM
Rumahwip - Yes or No
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 Dec 10 2019, 05:44 PM
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Junior Member
87 posts Joined: Dec 2010 From: Johor Lumpur 
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Dec 10 2019, 06:07 PM
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#22
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Senior Member
1,120 posts Joined: Jan 2003 From: Dato' Keramat KL Status : Online  
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QUOTE(kopikaukau @ Dec 10 2019, 05:44 PM) But where else you would find new house 850 sqft, near MRT with RM198k price tag? Sure ppl would exploit Agreed, 198k for 800sqft in kl summore, within 1km radius from mrt / lrt. With that price tag you can only get new mid cost apartment in kl / more or less like ppr home. Need more luxury or atas place, then spend atleast 500k then you're good to go. |
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Dec 10 2019, 07:01 PM
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#23
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779 posts Joined: Apr 2012 
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Can if u get bangsar South wip
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Dec 10 2019, 08:01 PM
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9,616 posts Joined: Dec 2013
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QUOTE(dave1987 @ Dec 10 2019, 07:01 PM) Can if u get bangsar South wip Good location? |
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Dec 10 2019, 09:44 PM
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751 posts Joined: Oct 2019
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So many moral high ground ppl here....
Any popety is an investment. Own stay is also investment... Tell me which biz houses dont make money off the poorer? Is poor people pay lower price for good n services? If i am 30yo this yr yet to purchase my 1st home...now there is this chance...but i currently live w parents. Can ij buy now n remt it out? For those that cant afford to buY but rent, isnt it cheaper to rent from affortable housing than unit bebas? |
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Dec 10 2019, 11:07 PM
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2,867 posts Joined: Dec 2013
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QUOTE(aaron1717 @ Dec 10 2019, 04:28 PM) when zuraida say can rent out... then investment perspective sure pops out bro Since this topic is about rumahwips, Ku Nan dy beat her to it early last year before GE14.   QUOTE 6 January, KUALA LUMPUR – The Federal Territories Ministry will allow owners under the Federal Territories Affordable Housing (Rumawip) project to rent out their units, subject to certain conditions. Its Minister Datuk Seri Tengku Adnan Tengku Mansor said among the ‘conditions’ under consideration concerned owners who are transferred to another state after purchasing the housing unit. “We understand the predicament faced and do not want to burden Rumawip buyers. For instance, if they were transferred to Sarawak, the unit can be rented out as it cannot be left vacant. “However, they can only rent out their unit to locals and this matter will be monitored by the Joint Management Body (JMB). Legal action will be taken if they fail to comply,” he said after launching the “Rumawip Residensi Sentulmas” project and presenting its house keys here today. Previously, Rumawip buyers were not permitted to rent out the units bought. The completed Rumawip Residensi Sentulmas project would house 351 owners in a 30-storey block, with each unit measuring 900 square feet, and consisting of three bedrooms, two bathrooms and a covered parking facility. The project that was completed 23 months earlier than the expected date was the second Rumawip project completed after Residensi Pandanmas. – BERNAMA |
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Dec 11 2019, 01:26 AM
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309 posts Joined: Dec 2013
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QUOTE(Glue Lu @ Dec 10 2019, 02:45 PM) Do you think Rumahwip worth to buy? Investment or Own Stay? Any opinion on future speculation on demand and price? If you on tight budget then why not? Rumawip is still kinda new, no one know bout the price yet. But don't expect the quality will be the same as normal unit. Moreover, it can be kinda high dense, especially for new project.Anyway, you pay what you get - just don't complaint and live with it. Cheers! |
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Dec 11 2019, 08:00 AM
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#28
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232 posts Joined: Dec 2006
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Rumawip is for those who can’t afford a house! Stop exploiting and buy it for investment purpose!
People should be aware of the t&c before buying a rumawip, it’s clearly written cannot rent out / sell within 5-10 years. Sad to see so many buying up these affordable house as investment purpose, you have NO ETHIC! |
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Dec 11 2019, 08:20 AM
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1,309 posts Joined: Sep 2018
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For me.. rumawip is a safe buy.. that's it..
For example, Wangsamas RM198K.. built up 800sf, quality not bad.. walkable to LRT.. Even Flats wangsa Maju selling for RM220-280K.. but this rumawip less than rm200k.. so, no brainer.. Just choose good rumawip, not shitty rumawip.. |
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Dec 11 2019, 08:33 AM
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172 posts Joined: Jul 2011
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QUOTE(indramerlin @ Dec 11 2019, 08:20 AM) For me.. rumawip is a safe buy.. that's it.. Problem is you won't know anything until VP, so how to determine shitty or not? It is a gamble actually.For example, Wangsamas RM198K.. built up 800sf, quality not bad.. walkable to LRT.. Even Flats wangsa Maju selling for RM220-280K.. but this rumawip less than rm200k.. so, no brainer.. Just choose good rumawip, not shitty rumawip.. |
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Dec 11 2019, 09:19 AM
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124 posts Joined: Aug 2017
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QUOTE(FirstNoob @ Dec 11 2019, 08:00 AM) Rumawip is for those who can’t afford a house! Stop exploiting and buy it for investment purpose! clearly written? where..?? People should be aware of the t&c before buying a rumawip, it’s clearly written cannot rent out / sell within 5-10 years. Sad to see so many buying up these affordable house as investment purpose, you have NO ETHIC! either intentionally or unintentionally.. people buy rumawip, people got transfer elsewhere outside of KL...people rent out the unit to avoid paying the house for nothing... a single person, living in a 3 bedroom apartment..he though, instead of paying all the cost myself, why don't i rent out the rooms... other people see, wehh, why other people can rent out,i can't..i'll rent out my unit too !  |
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Dec 11 2019, 09:41 AM
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1,309 posts Joined: Sep 2018
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QUOTE(blackrs @ Dec 11 2019, 08:33 AM) Problem is you won't know anything until VP, so how to determine shitty or not? It is a gamble actually. it's simple.. if 300K, walking to LRT/MRT, got facilities.. Just buy..you can't predict shitiness.. But you can minimise the shittiness.. |
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Dec 11 2019, 10:23 AM
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#33
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779 posts Joined: Apr 2012
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QUOTE(heavensea @ Dec 10 2019, 08:01 PM) Good location? Yup |
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Dec 11 2019, 10:41 AM
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#34
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338 posts Joined: May 2019
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House is buy for stay not for frying up the price.
For really long term investment provided the location above average. Yes. But if 6G technology coming up and at that stage Internet speed no longer is a issue, this will be the real driverless era. Cause at that time many 5G blind spot issue will be fixed for driverless. Many may choose to stay in the car like a mini caravan. Would be another choice for the people whether want to own a house or not. 6G could be happen faster than you imaging (could be within 10 year time) cause China has already moving from 5G to 6G development. |
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Dec 11 2019, 10:54 AM
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72 posts Joined: Oct 2012
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A lot from M40 group don't even have RM30k for the downpayment. Just buy those Rumawip within walking distance to LRT/MRT, you can't go wrong.
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Dec 11 2019, 11:52 AM
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#36
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Junior Member
751 posts Joined: Oct 2019
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QUOTE(FirstNoob @ Dec 11 2019, 08:00 AM) Rumawip is for those who can’t afford a house! Stop exploiting and buy it for investment purpose! pls don't spread false info.People should be aware of the t&c before buying a rumawip, it’s clearly written cannot rent out / sell within 5-10 years. Sad to see so many buying up these affordable house as investment purpose, you have NO ETHIC! you can rent out to Malaysians. how many times do we need to repeat the same thing? if you want to have ethic, you should just buy one property for own stay, that's. unless you are saying its perfectly normal to make money out of average wage earners than so called below average. looking at the current situation and for the past few years, having investment property means you are subsidising the tenant, literally you are given ang poh to tenant to stay in your unit. Now who has better ethic? tenant that took advantage of landlord or?????????? people that don't want to buy house will forever not buying house. doesn't matter its 50k or 300k. This post has been edited by scarypoolparty: Dec 11 2019, 11:53 AM |
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Dec 11 2019, 12:00 PM
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#37
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Junior Member
751 posts Joined: Oct 2019
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QUOTE(Glue Lu @ Dec 10 2019, 02:45 PM) Do you think Rumahwip worth to buy? Investment or Own Stay? Any opinion on future speculation on demand and price? prices will always be determined by demand and supply and the only key factor is location. even low cost houses increases in value....but do note that buying low cost house (or rumawip) does come with some processing issue, like unpaid assessment, MOF and etc. the lower the income group, the chances of unpaid maintenance and taxes will increase with time, and this will definitely impacted on overall ambience and practicality of buying into affordable homes. unless gov steps in to have price fixed, otherwise, after the 10 yrs jail period, it should fall back to demand and supply. the only limitation is one citizen can only qualified for one unit, although I know some 'investors' managed to get more than one. poor me, I past my prime, and I didn't even get a chance to smell the new paint in rumawip. |
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Dec 11 2019, 02:34 PM
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1,309 posts Joined: Sep 2018
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QUOTE(Adam_D @ Dec 11 2019, 10:54 AM) A lot from M40 group don't even have RM30k for the downpayment. Just buy those Rumawip within walking distance to LRT/MRT, you can't go wrong. why need downpayment ? All first time buyers can get 100% cagamas guarantee loan.. even now with BNM fund, get 2.9% interest.. only pay rm1300 monthly for full loan RM300K rumawip..No need downpayment boss.. unless it's not ur first property.. |
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Dec 11 2019, 03:18 PM
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Junior Member
51 posts Joined: Jul 2018
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QUOTE(indramerlin @ Dec 11 2019, 02:34 PM) why need downpayment ? All first time buyers can get 100% cagamas guarantee loan.. even now with BNM fund, get 2.9% interest.. only pay rm1300 monthly for full loan RM300K rumawip.. But now BNM fund fully subscribed except BSN left sum amount only... how do I get this hmmmNo need downpayment boss.. unless it's not ur first property.. |
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Dec 11 2019, 04:19 PM
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Junior Member
595 posts Joined: Nov 2008 From: Kuala Lumpur
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I think my earning is decent somehow feel difficulty in forking out the 10% DP for WIP.
Sometimes, not all WIP houses satisfied the purchaser such as good location, near many amenities such as school, bank and train station but pick the one you prefer instead. |
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